XRP Set to Explode? Dom Kwok Says Selling Now Is a Huge Mistake
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XRP has returned to the spotlight after a strong statement from Dom Kwok, co-founder of EasyA and a known XRP supporter. According to Kwok, investors selling XRP now are positioning themselves for financial regret, suggesting that the digital asset is on the verge of a major breakout.
His remarks follow a wave of renewed optimism around XRP’s future, particularly as Ripple’s legal standoff with the U.S. Securities and Exchange Commission enters what could be its final phase. Both Ripple and the SEC have jointly filed a motion seeking an indicative ruling that would potentially cut Ripple’s fine to $50 million and lift restrictions on the company’s operations. In a separate move, the SEC has asked the Second Circuit to extend the pause on its appeal process until August 15, allowing Judge Analisa Torres more time to consider the proposal.
These legal moves are being closely watched by investors, as a favorable outcome would clear one of the biggest hurdles limiting XRP’s growth. Regulatory clarity could also give U.S. institutions confidence to re-enter the XRP market, boosting its trading volume and visibility.
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Market Sentiment Shifts as ETF and Global Expansion Fuel Hopes
Beyond legal progress, anticipation is rising over a potential spot XRP exchange-traded fund. The SEC has already approved ETFs for both Bitcoin and Ethereum, and several XRP-based products are currently under review. Analysts believe XRP could be next in line once legal uncertainties are resolved.
Approval of a spot ETF would make XRP more accessible to traditional investors and could attract institutional capital. At the same time, Ripple continues to push forward with its international growth strategy. The company has secured payment licenses in key markets and is forming new partnerships across Asia, Europe, and the Middle East.
These developments strengthen XRP’s real-world utility in global payment corridors. Ripple’s native stablecoin, RLUSD, is also gaining traction and could further support XRP’s usage in cross-border settlements.
Kwok’s warning to sellers reflects a broader belief that XRP’s current price does not reflect its long-term value. For many investors, the present lull is seen not as a time to exit, but a strategic opportunity to hold or accumulate.
As Ripple edges closer to resolving its legal battle and eyes ETF approval, the market outlook for XRP is shifting. With major catalysts on the horizon, calls like Kwok’s are amplifying investor interest in what could be a defining period for the digital asset.
Also Read: Cardano Price Pressure Builds as Key Support Faces Renewed Threat
The post XRP Set to Explode? Dom Kwok Says Selling Now Is a Huge Mistake appeared first on 36Crypto.
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